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Emerging Markets Report: A Gift of Guidance


An Emerging Markets News Commentary

ORLANDO, Fla., July 16, 2020 (GLOBE NEWSWIRE) — Remote medical biometric technology company Biotricity (OTCQB: BTCY) dropped year-end guidance on Wednesday, addressing its challenges and identifying positive events.

The milestones for fiscal 2020 are significant.

They are as follows:

  • Increased Market Penetration: Biotricity expanded its customer base and its geographic footprint quarter over quarter by expanding into 6 more states.

    Our take: This helps support the narrative that remote medicine, televisits, etc. are the way of the future, and more importantly, that Biotricity is expanding its acceptance in the field.

  • Increases in its Core Service Revenues: Technology fee revenues have consistently increased over the course of our fiscal year ended March 31, 2020, creating a strong repeatable and growing revenue trajectory.

    Our take: Strong revenues often validate the core service offering, operational efficiency and may help ward off toxic financing.

  • Continuous Innovation: The Company has filed for a 510(k) FDA clearance of its next generation software platform, designed to drive operational efficiency and improve monitoring effectiveness for its clinicians.

    Our take: An important moment coming for the Company.

About Biotricity Inc.

Biotricity is a modern medical technology company focused on delivering innovative, remote biometric monitoring solutions to the medical and consumer markets, including diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. Biotricity’s R&D continues to focus on the preventative healthcare market, with a vision of putting health management into the hands of the individual. The company aims to support the self-management of critical and chronic conditions with the use of innovative solutions to ease the growing burden on the healthcare system. To learn more, visit

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Emerging Markets Consulting, LLC

Florida Office

15701 State Road 50, Suite #205

Clermont, FL 34711

E-mail: [email protected]


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